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The Fed's $3 Trillion Problem | Maroon Macro & Joseph Wang
Forward Guidance
Quantitative Tightening: What to Expect
Our guest is an analyst. Maroon McRough: What do you think quantitative tightening will look like on Wednesday? You have prepared some excellent charts for us, which you've got from your sub stack,. But yeah, just start off. What can we expect? Yeah. So I mean, I'm expecting that the RRP may continue to stay high or even continue to increase over the next few months. And deposit interest rates will probably not increase quite as quickly because basically banks have been stopped with a lot of deposits due to quantitative easing.
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